Defined benefit plans are employer-sponsored accounts that provide retirement benefits to employees. The guaranteed retirement funds are based on a set formula that factors years of service, final ...

For decades, it was common for employers to maintain employer-funded defined benefit pension plans (“DB Plans” or “Plans”) to provide retirement benefits to their employees. In recent years, DB Plans ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. If you’re like most business owners, the long-term ...

The deadline to enroll in the military's Survivor Benefit Plan during this year's open season has just shortened -- dramatically. Congress authorized the open season for military veterans to buy into ...

The end of an era looms for employee benefits plans, as the Biden administration has announced the end of both the Public Health Emergency and the National Emergency periods on May 11, 2023. The two ...

While a competitive salary is certainly a priority for many employees, it’s not the only thing they care about. Job seekers also look for a great company culture, a positive work-life balance and a ...

After years of the decline of defined benefit (DB) plans for employee retirement, it was surprising to see IBM announce the reopening of its DB plan. Meanwhile, we continue to see headlines on the ...

Choosing between a defined benefit vs. defined contribution plan can make or break your retirement strategy. The difference comes down to who takes on the risk — your employer or you. A defined ...